335 College Street, Toronto (Kensington-Chinatown), Ontario, M5T1S2




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$10,750,000
Toronto
This multi-family property in Toronto is for sale offering roughly 11,320 sq ft of space. It has been on the market 57 days, fresher than the Toronto average of 81 days.
The property features 25 apartment units, including studio, one-bedroom, two-bedroom, and 1 commercial unit, delivering strong current income with clear and achievable upside potential. Investors will benefit from immediate cash flow and the opportunity to enhance returns through strategic rental growth. Great Location along College west of Spadina, Heart of Kensington Market and Chinatown, Walk to U of T, Hospitals, grocery, shops and restaurants. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 57 days on market, against an average age of 81 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This multi-family in Toronto (Kensington-Chinatown) has been listed for 57 days, which is 24 days fresher than the city average of 81. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $10,750,000, about 174.5× the local median household income of $61,600.
Carrying it typically needs a household income of about $2,099,851 (20% down, 25-yr amortization, stress-tested) — roughly 3309% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5T)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice